Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Texchem Resources BhdXKLS:8702 +1.00%50 Return-on-Tangible-Asset is 4.31% as of Jun. 2026, which is 8520% above its 10-year median of 0.05. GuruFocus rates XKLS:8702 with a GF Score™ of 50/100 and a GF Value™ of RM0.86 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 559 Conglomerates companies, Texchem Resources Bhd ranks worse than 60.47% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Texchem Resources Bhd's annualizedNet Income for the quarter that ended in Jun. 2026 was RM32 Mil. Texchem Resources Bhd's average total tangible assets for the quarter that ended in Jun. 2026 was RM740 Mil. Therefore, Texchem Resources Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 4.31%.
The historical rank and industry rank for Texchem Resources Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:8702'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.58 Med: 0.05 Max: 3.87
Current: 1.64
During the past 13 years, Texchem Resources Bhd's highest Return-on-Tangible-Asset was 3.87%. The lowest was -1.58%. And the median was 0.05%.
XKLS:8702's Return-on-Tangible-Asset is ranked worse than 60.47% of 559
companies
in the Conglomerates industry
Industry Median: 2.8
vs XKLS:8702: 1.64
Texchem Resources Bhd (XKLS:8702) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Texchem Resources Bhd Return-on-Tangible-Asset Related Terms
Texchem Resources Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Texchem Resources Bhd's Return-on-Tangible-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Texchem Resources Bhd Return-on-Tangible-Asset Chart
XKLS:8702 vs MMM, HON: Return-on-Tangible-Asset Comparison
For the Conglomerates subindustry, Texchem Resources Bhd's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Texchem Resources Bhd Return-on-Tangible-Asset vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Texchem Resources Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Texchem Resources Bhd's Return-on-Tangible-Asset falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 4.31% mean?
Texchem Resources Bhd (XKLS:8702) has a Return-on-Tangible-Asset of 4.31% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Texchem Resources Bhd and its competitors. This is 8520% above median its historical median of 0.05. According to the industry distribution chart, Texchem Resources Bhd ranks #338 out of 559 companies in the Conglomerates industry, placing it in the top 60.5%.
Is Texchem Resources Bhd's Return-on-Tangible-Asset too high?
Texchem Resources Bhd's current Return-on-Tangible-Asset of 4.31% is 8520% above median its 10-year median of 0.05. The Conglomerates industry median Return-on-Tangible-Asset is 2.80. Texchem Resources Bhd's value of 4.31% is 53.9% above this industry median. Based on the distribution chart, Texchem Resources Bhd ranks #338 out of 559 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Texchem Resources Bhd has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Texchem Resources Bhd's Return-on-Tangible-Asset compare to MMM and HON?
According to the Conglomerates industry distribution chart, Texchem Resources Bhd ranks #338 out of 559 companies for Return-on-Tangible-Asset. This places Texchem Resources Bhd in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.80. Texchem Resources Bhd's value of 4.31% is 53.9% above this benchmark. While the company's 10-year median is 0.05 vs. the industry median of 2.80, Texchem Resources Bhd has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Conglomerates company?
The median Return-on-Tangible-Asset among Conglomerates companies is 2.80, based on 559 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Texchem Resources Bhd's current Return-on-Tangible-Asset of 4.31% is 53.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Texchem Resources Bhd and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Asset is 2.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Texchem Resources Bhd's current Return-on-Tangible-Asset is 4.31%, which is 8520% above median its own 10-year median of 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Texchem Resources Bhd stock overvalued right now?
Based on GuruFocus' analysis, Texchem Resources Bhd (XKLS:8702) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.86, compared to a current price of RM1.01 — trading 17.4% above its estimated fair value. The current Return-on-Tangible-Asset is 4.31%, which is 8520% above median its 10-year median of 0.05 and 53.9% above the Conglomerates industry median of 2.80. Texchem Resources Bhd's overall GF Score™ is 50/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Texchem Resources Bhd (XKLS:8702), the current Return-on-Tangible-Asset is 4.31% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Texchem Resources Bhd (XKLS:8702) Overvalued in 2026?
Based on GuruFocus' analysis, Texchem Resources Bhd stock appears to be overvalued.
The current stock price of RM1.01 is trading 17.4% above its estimated GF Value™ of RM0.86.
GuruFocus considers Texchem Resources Bhd to be Modestly Overvalued.
Key valuation signals for XKLS:8702:
Return-on-Tangible-Asset: 4.31% (8520% above median its 10-year median of 0.05)
GF Value™: RM0.86 vs. price of RM1.01 (17.4% above fair value)
Industry Position: 53.9% above the Conglomerates median (#338 of 559)
No single metric tells the full story. See the XKLS:8702 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Texchem Resources Bhd is an investment holding company. The company has five reportable segments: Industrial, Polymer Engineering, Food, Venture Business and Restaurant. The products under industrial segments are plastic resins, rubber/latex chemicals, PVC resins and additives, adhesive chemicals, food ingredients, dyestuff and textile auxiliaries. The polymer division designs new polymer solutions and designs for industries such as data storage industry, semiconductor, consumer electronics and electrical, telecommunications and life science industry. The restaurant division operates restaurant brands such as sushi king, Miraku, and Hoshino Coffee. The majority of revenue is derived from the Industrial segment. Geographically, the maximum revenue is generated from Malaysia.
50GF Score
Get the complete analysis for XKLS:8702
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:8702 has been successfully added to your 
